R
rmelly
Guest
Given that many people who have mortgages have experienced significant cuts in their monthly repayments over the last 3 months, what are people doing with this money? e.g. saving, rainy day fund, mortgage overpayments, repaying/overpaying other debts (e.g. car loan, CC or overdraft), lifestyle spending, new car loan?
Obviously some has been neated by the income tax levy and for a growing number of people the benefit has been cancelled out by pay cuts, job loss, loss of a second income, or it may have been negated by other increases e.g. gas/electricity, health insurance etc.
Obviously some has been neated by the income tax levy and for a growing number of people the benefit has been cancelled out by pay cuts, job loss, loss of a second income, or it may have been negated by other increases e.g. gas/electricity, health insurance etc.